Tim Booth
AP Sports Writer

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January 9, 2013
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AP Sources: Investor seeking to buy Sacramento Kings

SEATTLE — People with knowledge of the situation said Wednesday that investor Chris Hansen has contacted the Maloof family about buying the Sacramento Kings. The people spoke on condition of anonymity because no deal has been reached. One person says the Kings could sell for more than $500 million. The Kings’ future in Sacramento has been uncertain because the Maloofs and the city haven’t been able to come up with a long-term arena solution. Yahoo! Sports first reported the discussions between the Kings and Hansen. Yahoo! reported a possible sale could land the Kings in Seattle for the 2013-14 season. …

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The Union Updated Jan 9, 2013 05:41PM Published Jan 11, 2013 07:40AM Copyright 2013 The Union. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.